Bank of America Announces Redemption of CAD500,000,000 3.407% Fixed/Floating Rate Senior Notes Due September 2025
Bank of America (NYSE: BAC) has announced the redemption of CAD500,000,000 principal amount of its 3.407% Fixed/Floating Rate Senior Notes, due September 2025. The redemption is scheduled for September 20, 2024, at a price equal to 100% of the principal amount plus accrued and unpaid interest. Interest on the Notes will cease to accrue on the redemption date.
Bank of America, a leading global financial institution, serves approximately 69 million consumer and small business clients in the United States. The bank operates approximately 3,800 retail financial centers and 15,000 ATMs, with about 58 million verified digital users. It offers a wide range of financial services, including banking, investing, asset management, and risk management products.
Bank of America (NYSE: BAC) ha annunciato il riscatto di un ammontare principale di 500.000.000 CAD delle sue Note Senior a Tasso Fisso/Variabile del 3,407%, in scadenza a settembre 2025. Il riscatto è programmato per il 20 settembre 2024, a un prezzo pari al 100% dell'ammontare principale più gli interessi maturati e non pagati. Gli interessi sulle Note cesseranno di maturare alla data di riscatto.
Bank of America, una delle principali istituzioni finanziarie globali, serve circa 69 milioni di clienti consumer e piccole imprese negli Stati Uniti. La banca gestisce circa 3.800 centri finanziari al dettaglio e 15.000 bancomat, con circa 58 milioni di utenti digitali verificati. Offre una vasta gamma di servizi finanziari, inclusi bancari, di investimento, gestione patrimoniale e prodotti di gestione dei rischi.
Bank of America (NYSE: BAC) ha anunciado el rescate de un monto principal de 500,000,000 CAD de sus Notas Senior a Tasa Fija/Variable del 3.407%, con vencimiento en septiembre de 2025. El rescate está programado para el 20 de septiembre de 2024, a un precio igual al 100% del monto principal más los intereses acumulados y no pagados. Los intereses sobre las Notas dejarán de acumularse en la fecha de rescate.
Bank of America, una de las principales instituciones financieras globales, atiende aproximadamente a 69 millones de clientes consumidores y pequeñas empresas en los Estados Unidos. El banco opera aproximadamente 3,800 centros financieros minoristas y 15,000 cajeros automáticos, con alrededor de 58 millones de usuarios digitales verificados. Ofrece una amplia gama de servicios financieros, que incluyen banca, inversión, gestión de activos y productos de gestión de riesgos.
뱅크 오브 아메리카 (NYSE: BAC)는 2025년 9월 만기인 3.407% 고정/변동 금리 선순위 노트의 500,000,000 CAD 원금 상환을 발표했습니다. 상환은 2024년 9월 20일로 예정되어 있으며, 원금의 100%와 발생했으나 미지급된 이자를 더한 가격으로 이루어질 것입니다. 노트의 이자는 상환일에 만료됩니다.
뱅크 오브 아메리카는 미국에서 약 6,900만 명의 개인 및 소규모 기업 고객에게 서비스를 제공하는 글로벌 금융 기관입니다. 이 은행은 약 3,800개의 소매 금융 센터와 15,000개의 ATM를 운영하며, 약 5,800만 명의 인증된 디지털 사용자를 보유하고 있습니다. 은행, 투자, 자산 관리 및 리스크 관리 제품 등 다양한 금융 서비스를 제공합니다.
Bank of America (NYSE: BAC) a annoncé le rachat d'un montant principal de 500.000.000 CAD de ses Obligations Senior à Taux Fixe/Variable de 3,407%, arrivant à échéance en septembre 2025. Le rachat est prévu pour le 20 septembre 2024, à un prix égal à 100 % du montant principal plus les intérêts accumulés et non payés. Les intérêts sur les obligations cesseront d'être comptés à la date du rachat.
Bank of America, une institution financière mondiale de premier plan, sert environ 69 millions de clients particuliers et de petites entreprises aux États-Unis. La banque gère environ 3.800 centres financiers de détail et 15.000 distributeurs automatiques, avec environ 58 millions d'utilisateurs numériques vérifiés. Elle propose une large gamme de services financiers, y compris la banque, l'investissement, la gestion d'actifs et les produits de gestion des risques.
Die Bank of America (NYSE: BAC) hat die Rückzahlung eines Hauptbetrags von 500.000.000 CAD ihrer 3,407% fest/variablen Senior Notes, die im September 2025 fällig werden, angekündigt. Die Rückzahlung ist für den 20. September 2024 vorgesehen, zu einem Preis, der 100% des Hauptbetrags zuzüglich aufgelaufener und unbezahlter Zinsen entspricht. Die Zinsen auf die Notes hören am Rückzahlungstag auf zu laufen.
Die Bank of America, eine führende globale Finanzinstitution, betreut etwa 69 Millionen Verbraucher- und Kleinunternehmenskunden in den Vereinigten Staaten. Die Bank betreibt etwa 3.800 Einzelhandelsfinanzzentren und 15.000 Geldautomaten und hat rund 58 Millionen verifizierte digitale Nutzer. Sie bietet eine breite Palette von Finanzdienstleistungen an, darunter Banking, Investitionen, Vermögensverwaltung und Risikomanagementprodukte.
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Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of CDS Clearing and Depository Services Inc. The Bank of New York Mellon Trust Company, N.A. is the trustee and BNY Trust Company of
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
Forward-Looking Statements
Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
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Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
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SOURCE Bank of America Corporation
FAQ
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